With it well known that The Growth Fund planned to divest Laser Clinics Australia, Allura Partners was approached by KKR Australia in February 2017 to conduct a pre-deal search to source executive management to assist the firm with their due diligence and investment thesis.
Working closely with Gareth Woodbridge, Director at KKR Australia to complete category specific market intelligence and a full market map, Allura Partners identified and engaged Anthea Muir, President Optical Retail Australia and New Zealand at Luxottica. Possessing the required skills and experience including a combination of health, retail, franchising and Asian expansion, Anthea was a clear standout to assist KKR with their due diligence and investment thesis.
In addition, Allura Partners engaged Peter Rodwell, Non-Executive Director at Pizza Hut Australia and former McDonalds executive to also assist with the deal. With his proven private equity board, deep Asian growth and franchising experience, Peter added considerable value to the investment thesis. In August, KKR Australia was announced as the winner of the hotly-contested battle. Post deal, Anthea was appointed as the new Chief Executive Officer and Peter, Non-Executive Director.
“We engaged Allura Partners to assist us with sourcing management talent to assist with our due diligence and development of the investment thesis for Laser Clinics Australia.
Adrian worked collaboratively to understand our needs and was instrumental in sourcing several candidates with relevant experience and background who were not ‘in the market’. This was done professionally and confidentially. Adrian is tenaciously focused on outcomes, which combined with a strong ability to build rapport and effectively evaluate candidates delivers results.”
Director, KKR Australia
Planit Testing is a leading pure-play software testing business in Australia and New Zealand. Allura Partners was engaged to conduct a search to appoint a CFO to significantly upskill the finance function; people, processes and systems. Also, to co-pilot the investment and support the Founder/CEO.
After a comprehensive search, Peter Sherar was appointed. Possessing a Big 4 background, combined with ASX listed Group CFO experience for a technology company, Peter was a clear standout. Peter was based in Melbourne and relocated to Sydney for the opportunity.
“Great guy and more than just a recruiter... importantly he is very good at finding the right people for the right role. Andrew was fantastic in identifying and guiding me through the process for my new CFO role.”
In 2017, Quadrant Private Equity commenced a roll up strategy of radiology clinics across Australia. With the first significant investment being Qscan, quickly followed by North Coast Radiology, the Qscan Group Holdings was established in Brisbane to support the operations and future acquisitions. With a track record of with working with Quadrant Private Equity, Allura Partners was engaged by the Managing Partner to build out the executive management team for the newly formed group to support their investment thesis.
"Qscan Radiology has recently engaged Allura Partners to assist it with the recruitment of a number of senior positions at Group level within the corporate headquarters of its growing national Radiology practice. We have found Allura Partners to offer excellent service through its ability to very quickly identify and introduce a mix of outstanding talent for our discussion and consideration. We are particularly impressed with the prompt attention to detail and thorough review of a mix of highly skilled and motivated candidates presented to us. We have no hesitation in recommending Allura Partners to any organisation looking to secure outstanding talent."
Group Chief Operating Officer, Qscan Group
In 2017 Pemba Capital Partners engaged Allura Partners to complete two CFO searches. Both searches focused at identifying and engaging CFO’s with IPO readiness experience; essential experience required to co-pilot the companies towards the IPO and prepare the investments for their imminent listing on the ASX. These investments were Jobready; a web-based, cloud hosted education platform and Vital Software (soon to rebrand as Marque Group) is a provider of data driven technology solutions for the automotive industry.
For JobReady, Allura Partners identified and appointed Nimesh Shah in July 2017. Nimesh possessed the required IPO readiness experience gained at iSentia, a Quadrant Private Equity backed investment. iSentia listed on the ASX in 2014 and Nimesh continued as Group CFO until June 2017.
For Vital Software (re-branding to Marque Group), Justin O’Donnell was identified as the successful candidate for the role and commenced in early 2018. Justin began in Big 4 in Silicon Valley before being approached by a client to run the IPO process for them. Justin returned to Australia and joined MainstreamBPO. As the CFO Justin completed circa 9 acquisitions in 12 months for the group increasing turnover of the group almost 4-fold and in addition listing the business on the ASX – leading the process and delivery.
“Adrian and his team at Allura Partners have successfully helped us with a number of C-suite appointments for existing portfolio companies. Where Allura Partners excelled, versus other executive search firms we have used, is that they really listened to the specific skillsets that were most important to us for the roles and came back to us with a shortlist of exceptionally high quality candidates. I cannot recommend Allura Partners highly enough for anyone looking for assistance with C-suite appointments.”
Partner, Pemba Capital Partners
In July 2016, Quadrant announced a joint venture with RACWA to form Home Care Holdings. In its initial stage Home Care Holdings incorporated a Home Care business (St Ives Home Care) and an Allied Health business (Injury Treatment Pty Ltd - a leading national supplier of workplace rehabilitation and ancillary clinical and prevention services in Australia).
In August 2017, Allura Partners was introduced by the Managing Partner of Quadrant to the Group CEO of Home Care Holdings, Nobert Walther to conduct an executive search to secure a Chief Executive to lead the Generation Health Group, a newly formed division of Home Care Holdings incorporating the Injury Treatment business.
In November 2017, Phillipa Blakey commenced as the new CEO of the Generation Health Group.
“Thanks Adrian and team for an excellent bespoke service to recruit a new CEO for Generation Health! From the start through to delivery I very much appreciated you developing an in-depth understanding of our business needs, your responsiveness and speed in sourcing great candidates and your individualised advice to bring the best candidate on board.
It has been a true pleasure working with you all!”
Group Chief Executive Officer, Home Care Holdings
Post gaining exclusivity to acquire Everest Foods, a privately-owned ice-cream manufacturer and distributor based in Melbourne, Allegro Funds appointed Allura Partners to conduct an executive search to appoint a Chief Executive. Unlike majority of Allegro Funds investments, Everest Foods did not require the implementation of a turnaround strategy however required significant transformation to deliver the growth plans aligned with the investment thesis. With a focus in the food service sector, specifically the HORECA channel, Allura Partners conducted a full market map to identify suitable Chief Executives with industry expertise but more specifically the skills and attributes to deliver the required transformation and growth strategy.
The search was successfully completed by September 2017 and Darren Pike was officially appointed as CEO in November 2017.
"In July 2017, Allegro Funds appointed Allura Partners to run a search to find a CEO for Everest Ice Cream. The process required specific targeting of executives with leadership and transformation experience in within the food service industry. Adrian was quick to respond, understood the DNA and core attributes we needed and operated without fuss. He also had a deep knowledge of the market, understood what type of candidates were available and what their remuneration expectations were.
I would be happy to recommend Adrian for an executive search in the food sector."
Chairman, Everest Foods & Investment Director, Allegro Funds
In late 2016, Quadrant Private Equity acquired Great Southern Rail from Allegro Funds and quickly added Cruise Whitsundays and Perth-based Rottnest Express to create Journey Beyond.
Soon after, the Managing Partner from Quadrant introduced Allura Partners to Chris Tallent, Group Chief Executive Officer of Journey Beyond, regarding a pending Managing Director search. Having never delivered a search in Adelaide combined with a limited network across the tourism sector, once engaged Adrian implemented Allura Partners research methodology that is proven across a breadth of industries and locations.
This was applied to the tourism sector both locally and internationally and identified and engaged relevant talent. Ultimately, this led to the delivery of the solution/appointment and once proven and the relationship established, Journey Beyond has re-engaged Allura Partners for additional assignments.
“Journey Beyond engaged Adrian Belle and Allura Partners to conduct a global search for a Managing Director for our Great Southern Rail business. We have subsequently engaged them for additional search recruitment assignments.
Adrian’s approach was to understand the brief thoroughly and make a concerted effort to be clear about “best fit” culture and leadership style. The candidates were well screened and presented in a way that allowed us to assess strengths and weaknesses ahead of face to face meetings which provided for a targeted interview approach. Allura Partners research methodology and commercial awareness meant we were introduced to talent that we would not otherwise have been aware of and specifically, the successful candidate who was not on our radar.
Allura Partners has a high standard of service delivery and we would highly recommend for any senior level search.”
Group Chief Executive Officer, Journey Beyond
In early 2016 and seven months prior to the deal completing, Allura Partners worked as an advisor under non-disclosure agreement to Allegro Funds attempting to secure the master franchise agreement for Pizza Hut in Australia. The firm sourced the former McDonald's Corporation executive Peter Rodwell who along with the team at Allegro Funds secured the deal. Post the deal completing in September 2016, Peter was appointed as the Non-Executive Director.
"I have worked with Adrian from the perspective of searching out opportunities for myself and for key senior executives. Adrian has been highly aware of the business and executive market place and the executive needs. His professional and energetic approach has been refreshing, resourceful and delightfully surprising.
Adrian has produced opportunities and results. Highly recommended."
Non-Executive Director, Pizza Hut Australia
In late 2015 and prior to the acquisition of Affinity Education by Anchorage Capital Partners, Allura Partners worked with Anchorage to source a Chief Executive Officer (CEO) to lead their pending investment. Post-acquisition, in 2016 the firm worked with the newly appointed CEO, Tim Hickey to recruit a new Chief Operating Officer, closely followed by a new Chief Financial Officer. With the exception of the Human Resources Director, these three appointments completed the overhaul of the executive leadership team responsible for driving the required transformation and turnaround that will take this investment to exit in years to come.
“Adrian Belle has proven himself to me, to be one of a kind in the world of recruitment. What distinguishes Adrian and gives him such a competitive advantage, is built into the way he operates. Relentless in the pursuit of ‘getting it done’, Adrian delivers on his commitments in a positive and powerful way. Adrian is a master of communication and ensures that candidates and hiring managers are always fully abreast of the latest updates (an uncommon talent in this industry).
I highly recommend Allura Partners to prospective businesses and candidates and have no doubt that their unique formula of operating will lead them to much success.”
Chief Executive Officer, Affinity Education
Allura Partners has an extensive track working with The Growth Fund. Having successfully recruited several COO’s and CFO’s across numerous portfolio companies, Allura Partners was tasked by the Managing Partner with sourcing an Operating Partner. In July 2016, the firm recruited Don Grover, a proven private equity CEO to the firm as the Operating Partner.
"In today's somewhat over crowded recruitment sector, it is a pleasure to work with Adrian Belle. In my capacity as the Operating Partner I am constantly requiring C-Suite executives and NED across a diverse mix of sectors and skills. Adrian has proven time and again he knows how to unearth the gems and prepare them for interviews with the utmost professionalism.
I would not hesitate to recommend Adrian to anyone who wants quality candidates."
Operating Partner, The Growth Fund
Having worked closely with Archer Capital to proactively source portfolio C-suite executives, Peter Gold, Managing Director engaged Allura Partners to source a Finance Director & Chief Operating Officer for their QSRH investment. In November 2014, Brett Houldin Acting Managing Director and CFO of The Star (a division of Echo Entertainment) was appointed. In March 2017 the company was re-branded craveable brands and Brett was promoted to the CEO to lead the trade sale and IPO process.
“Adrian is a diligent recruiter who has built a strong network of high quality executives and proven track record working with Archer Capital.”
Managing Director, Archer Capital
“I was approached by Adrian for a CFO and executive director role with QSRH, an Archer Capital investment. Through all the necessary interviews and meetings, Adrian was there to discuss and facilitate a seamless and fast process. Adrian’s approach to executive placements is very consultative with candidates, extremely available and a good sounding board to help deliver the result.”
Chief Executive Officer, craveable brands